57
Exhibit 18-2
Students in statistics classes were asked whether they preferred a 10-minute break or to get out of class 10 minutes early. In a sample of 150 students, 40 preferred a 10-minute break, 80 preferred to get out 10 minutes early, and 30 had no preference. We want to determine if there is a difference in students' preferences.
Refer to Exhibit 18-2. The test statistic based on the number of students who preferred to get out early equals
Group of answer choices
1.825
0.67
0.82
3.65

Answers

Answer 1

The test statistic based on the number of students who preferred to get out early equals 3.65.

What is a test statistic?

A test statistic is a numerical summary of the sample data that is employed to determine the strength of the evidence for a hypothesis. It is a quantitative measure that compares the observed data to the hypothesis. The t-value, Z-score, F-value, and chi-squared value are examples of common test statistics. In statistical hypothesis testing, a test statistic is used to make decisions about whether or not to reject the null hypothesis.

Based on the given problem, the number of students who preferred to get out of class early is 80, while the number of students who preferred a 10-minute break is 40. Hence, the number of students who had no preference is 30.

Now, we will find the test statistic based on the number of students who preferred to get out of class early as follows:

Test Statistic = (Observed Value - Expected Value) / Standard Deviation

To find the observed value, we need to calculate the proportion of students who preferred to get out of class early in the sample as follows:

Proportion of students who preferred to get out of class early = 80 / (150-30)= 80 / 120= 0.67

Therefore, the observed value is 0.67.

To find the expected value, we need to assume that there is no difference in students' preferences, and the proportion of students who preferred to get out of class early is the same as the proportion of students who preferred a 10-minute break.

Expected value = Proportion of students who preferred to get out of class early * Total number of students= 0.5 * 150= 75

Therefore, the expected value is 75.

To find the standard deviation, we need to use the formula for the standard deviation of a proportion as follows:

Standard Deviation = √[(p*q) / n]

where p is the proportion of students who preferred to get out of class early, q is the proportion of students who preferred a 10-minute break, and n is the total number of students.

Standard Deviation = √[(80/120)*(40/120) / 150]= √(0.1778 / 150)= 0.048

Therefore, the standard deviation is 0.048.

Now, we will substitute the values in the formula for the test statistic as follows:

Test Statistic = (0.67 - 0.5) / 0.048= 3.65

Therefore, the test statistic based on the number of students who preferred to get out early equals 3.65.

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Related Questions

a study was conducted on students from a particular high school over the last 8 years. the following information was found regarding standardized tests used for college admitance. scores on the sat test are normally distributed with a mean of 990 and a standard deviation of 201. scores on the act test are normally distributed with a mean of 21.6 and a standard deviation of 4.1. it is assumed that the two tests measure the same aptitude, but use different scales.If a student gets an SAT score that is the 70-percentile, find the actual SAT score. SAT score = _____ Round answer to a whole number. What would be the equivalent ACT score for this student? ACT score = ____Round answer to 1 decimal place.If a student gets an SAT score of 1536, find the equivalent ACT score. ACT score = ____ Round answer to 1 decimal place.

Answers

We are given that the SAT and ACT measure the same aptitude but use different scales. To find the equivalent ACT score for a given SAT score, we can use the conversion chart.
SAT 1100 = ACT 23
Therefore, the equivalent ACT score for a student with an SAT score of 1104 is 23.
3. If a student gets an SAT score of 1536, find the equivalent ACT score.
Solution:
To find the equivalent ACT score for a given SAT score, we can use the conversion chart.
SAT 1536 = ACT 35
Therefore, the equivalent ACT score for a student with an SAT score of 1536 is 35.
Therefore, the SAT score = 1536 and the ACT score = 35.

1. If a student gets an SAT score that is the 70th percentile, find the actual SAT score.
Solution:
We are given that SAT scores are normally distributed with a mean of 990 and a standard deviation of 201. We are asked to find the SAT score for the 70th percentile.
P( SAT score < X) = 0.70
We can use the standard normal table to find the corresponding z-score for the 70th percentile.
z = 0.52
We can use the z-score formula to find the SAT score:
z = (X - μ) / σ
0.52 = (X - 990) / 201
X = 1103.72
Therefore, the actual SAT score for the 70th percentile is 1104.
2. What would be the equivalent ACT score for this student?

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determine the dew point temperature, the humidity ratio, the specific volume and the enthalpy given a dry bulk temperature of 39oc and a wet bulb temperature of 18oc.

Answers

The atmospheric pressure of 101.325 kPa, the dew point temperature is approximately 10.4°C, the humidity ratio is approximately 0.0084 kg of water vapor per kg of dry air, the specific volume is approximately 0.85 m³/kg of dry air, and the enthalpy is approximately 91 kJ/kg of dry air.

To determine the dew point temperature, the humidity ratio, the specific volume and the enthalpy given a dry bulk temperature of 39°C and a wet bulb temperature of 18°C, you can use a psychometric chart  or a specialized software program that calculates these properties based on the given dry bulb and wet bulb temperatures, as well as other relevant parameters such as pressure, altitude, and air composition.

First, plot 39°C (the dry bulk temperature) and 18°C (the wet bulb temperature) on the chart. Then mark The atmospheric pressure of 101.325 kPa, the dew point temperature is approximately 10.4°C, the humidity ratio is approximately 0.0084 kg of water vapor per kg of dry air, the specific volume is approximately 0.85 m³/kg of dry air, and the enthalpy is approximately 91 kJ/kg of dry air.

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Find the value of x in the following diagram.
Round your answer to the nearest hundredth.

Answers

Answer:

Were sorry! Answer is not available right now check in later.

Step-by-step explanation:

The attached doc has the solution

Which expression represents the perimeter of a triangle in simplest form that has side lengths: 2x, 3x + 5, x + 2

Answers

Answer:

6x + 7

Step-by-step explanation:

triangle has 3 sides right, which is 2x, 3x+5 and x+2

so basically you just have to add everything up since perimeter is just the total number of each sides combined

2x + (3x+5) + (x+2)

expand from the brackets

2x + 3x + 5 + x + 2

rearrange the numbers to avoid confusion

2x + 3x + x + 5 + 2

add everything up

6x + 7

Determine the total amount of money that was utilized on fuel in June 2022​

Answers

Therefore, the total amount of money utilized on fuel in June 2022 is R11 095,60.

What is percent?

Percent is a way of expressing a quantity as a fraction of 100. It is denoted by the symbol %, which means "per hundred". Percentages are often used to represent proportions or ratios in various fields, including finance, science, and statistics. For example, an interest rate of 5% means that for every hundred dollars borrowed or invested, five dollars of interest will be charged or earned.

Here,

(a) To calculate the total distance covered by the water tanker in March 2022, we need to find the distance travelled per day and multiply it by the number of days in March.

Distance travelled per day = 2 × 18 = 36 km (since it's a return trip)

Number of weekdays in March = 31 - 4 (Saturdays) = 27

Total distance covered = distance per day × number of weekdays

= 36 km/day × 27 days

= 972 km

(b) To determine the quantity of fuel utilized by the water tanker in March 2022, we need to divide the total distance covered by the average fuel consumption rate.

Fuel consumption rate = 5 km/ℓ

Total distance covered = 972 km

Fuel utilized = total distance covered / fuel consumption rate

= 972 km / 5 km/ℓ

= 194.4 ℓ

(c) To determine the total amount of money utilized on fuel for the water tanker in March 2022, we need to multiply the fuel quantity by the fuel price.

Fuel price in March 2022 = R16,28/ℓ

Fuel utilized = 194.4 ℓ

Total cost of fuel = fuel price × fuel quantity

= R16,28/ℓ × 194.4 ℓ

= R3 163,39

Therefore, the total amount of money utilized on fuel for the water tanker in March 2022 is R3 163,39.

(d) To determine the total amount of money utilized on fuel in June 2022, we need to repeat the above calculation using the June fuel price.

Fuel price in June 2022 = R24,14/ℓ

Fuel capacity = 460 ℓ

Total cost of fuel = fuel price × fuel capacity

= R24,14/ℓ × 460 ℓ

= R11 095,60

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Complete question:

Records of the number of water tankers that were supplied to the construction site appear in the calender on ANNEXURE A. The water source is at a distance of about 18 km (return trip) from the construction site. The water tanker has a fuel capacity of 460 litres.. The rate of fuel consumption of the Mercedes water tanker averages 5 km/ℓ. The prices of fuel per litre in March and June 2022 appear below. JUNE 2022 FUEL PRICES \begin{tabular}{|l|l|} \hline DIESEL & COST \\ \hline 50ppm & R24,14 \\ \hline \end{tabular} Source: 4.1 (a) Calculate the total distance that the water tanker has covered in March (2) 2022. (b) Hence, determine the quantity of fuel that was utilized by the water tanker in March 2022. (c) Determine the total amount of money that was utilized on fuel for the water tanker in March 2022. (2) 4.2 Determine the total amount of money that was utilized on fuel in June 2022.

Joe is taking the train from his hometown to Georgetown and back to his hometown. The distance to Georgetown is 350 miles. How much time will Joe spend traveling on the train if the train travels at an average speed of 42 miles per hour?


A. 3 hours 50 minutes

B. 4 hours 20 minutes

C. 8 hours 20 minutes

D. 11 hours 40 minutes

E. 16 hours 40 minutes

Answers

the total time Joe spends traveling on the train is 16 hours 40 minutes. Therefore, the correct answer is option E.

The time Joe spends traveling on the train can be found using the formula:

time = distance / speed

For the trip to Georgetown, the distance is 350 miles and the speed is 42 miles per hour, so the time spent traveling there is:

time to Georgetown = 350 / 42 = 8.33 hours

For the return trip, Joe travels the same distance of 350 miles at the same speed of 42 miles per hour. Therefore, the time spent traveling back is also 8.33 hours.

The total time Joe spends traveling on the train is the sum of the time for the trip to Georgetown and the time for the return trip:

total time = time to Georgetown + time from Georgetown

total time = 8.33 + 8.33

total time = 16.66 hours

Rounding to the nearest 10 minutes, the total time Joe spends traveling on the train is 16 hours 40 minutes. Therefore, the correct answer is option E.

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how long will a car take to travel 140km averaging a speed of 35km/h

Answers

Answer:

Step-by-step explanation:

To calculate the time it will take a car to travel 140km at an average speed of 35km/h, we can use the formula:

time = distance ÷ speed

Plugging in the given values, we get:

time = 140km ÷ 35km/h

time = 4 hours

Therefore, it will take a car 4 hours to travel 140km at an average speed of 35km/h.

Answer:

Car will take 4 hours

Step-by-step explanation:

[tex]\large{\blue{\star} \: {\underline{\boxed{\pmb{\tt{Time = \dfrac{Distance}{Speed}}}}}}}[/tex]

[tex]\large{\leadsto{\sf{Given_{(Distance)} = 140 \: km}}}[/tex]

[tex]\large{\leadsto{\sf{Given_{(Speed)} = 35 \: km/hr}}}[/tex]

[tex]\large{\underline{\underline{\sf{Applying \: Formula:-}}}}[/tex]

[tex]\large{\leadsto{\sf{Required_{(Time)} = \bigg(\dfrac{\cancel{140}}{\cancel{35}}\bigg)} \: hr}}[/tex]

[tex]\large{\purple{\boxed{\leadsto{\sf{Required_{(Time)} = 4 \: hr}}}}}[/tex]

━━━━━━━━━━━━━━━━━━━━━━

[tex]\star \: {\large{\underline{\underline{\pink{\mathfrak{More:-}}}}}} \: \star[/tex]

[tex]\large{\dashrightarrow{\sf{Time = \dfrac{Distance}{Speed}}}}[/tex]

[tex]\large{\dashrightarrow{\sf{Speed = \dfrac{Distance}{Time}}}}[/tex]

[tex]\large{\dashrightarrow{\sf{Distance = Speed \times Time}}}[/tex]

Given the plot of normal distributions A and B below, which of the following statements is true? Select all correct answers.
A figure consists of two curves labeled Upper A and Upper B. Curve Upper A is shorter and more spread out than curve Upper B, and curve Upper B is farther to the right than curve Upper A.
Select all that apply:
1. A has the larger mean.
2. B has the larger mean.
3. The means of A and B are equal.
4. A has the larger standard deviation.
5. B has the larger standard deviation.
6. The standard deviations of A and B are equal

Answers

The true statements regarding the plot of normal distributions A and B are B has the larger mean, and B has the larger standard deviation; options 2 and 3.

What is a  plot of normal distribution?

A plot of a normal distribution is a bell-shaped curve that represents the probability distribution of a continuous random variable that follows a normal distribution.

The plot shows the frequency of occurrence of values of the variable, with the most common values near the mean and the less common values near the tails of the distribution.

The normal distribution is characterized by two parameters: the mean (μ) and the standard deviation (σ). The mean determines the location of the center of the distribution, while the standard deviation determines the spread or width of the distribution.

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Which of the following statements is about CD and CE is true? A. CD is longer than CE B. CE is longer than CD C. CD and CE are the same length D. CE is 5 units long

Answers

From the given graph, CE is longer than CD.

What is the distance between two coordinates?

The length of the line segment bridging two locations in a plane is known as the distance between the points. d=√((x₂ - x₁)²+ (y₂ - y₁)²) is a common formula to calculate the distance between two points. This equation can be used to calculate the separation between any two locations on an x-y plane or coordinate plane.

Coordinates of E(8,6)

Coordinates of C(6,1)

Coordinates of D(3,-3)

x=8, y=6

x=6, y=1

x=3, y=-3

Distance CE=√{(8-6)² +(6-1)²} = √29

Distance CD=√{(6-3)² +(1+3)²}= √25=5

Therefore, CE is longer than CD.

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What is 6/11 as a decimal rounded to 3 decimal places?

Answers

The answer would be 0.55 normally, but wdym by 3 decimal places?

12x²+11x-56 box method​

Answers

The product of (4x + 7) and (3x - 8) is 12x² + 7x - 56.

WHAT IS BOX METHOD ?

The box method, also known as the grid method, is a visual method used to multiply two numbers or two binomials. It involves creating a grid or box and filling it in with the products of the digits in each row and column. The method works for both single-digit and multi-digit numbers.

To use the box method for multiplying two numbers, we draw a box with two rows and two columns. We write one number along the top row and the other number along the left column. Then, we multiply the digits in each row and column and write the products in the corresponding cell of the box. Finally, we add the numbers in each cell of the box to get the product of the two numbers.

The box method can be used to multiply two binomials, such as (4x + 7) and (3x - 8). To use the box method, we draw a box with four cells, and we write the two binomials along the top and left sides of the box, like this:

     |  4x  |  7

-------------------

 3x  |      |

-------------------

    |      |

Then, we fill in the four cells of the box by multiplying the corresponding terms. For example, the top-left cell is filled by multiplying 4x and 3x, which gives 12x². The other cells are filled in a similar way:

     |  4x  |  7

-------------------

 3x  | 12x² | 28x

-------------------

    | -21x | -56

Next, we combine the terms in each row and column of the box, and write the final answer as the sum of these terms:

12x² + 28x - 21x - 56

Simplifying this expression gives:

12x² + 7x - 56

Therefore, the product of (4x + 7) and (3x - 8) is 12x² + 7x - 56.

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A and B are independent.
If P(A) = 1/2 and P(An B) = 6/15

Answers

This is true because you use A and B in an equation to get an answer.

please help quickly, this needs to be finished soon

Answers

Accοrding tο the fοrmula fοr the quadratic equatiοn, the maximum height is 98 ft.

What is a quadratic equatiοn?

A quadratic equatiοn is a secοnd-degree pοlynοmial equatiοn οf the fοrm:

[tex]ax^2 + bx + c = 0[/tex]

where a, b, and c are cοnstants, and x is the variable. The term "quadratic" cοmes frοm the Latin wοrd "quadratus," meaning square, because the variable is squared in this type οf equatiοn.

Quadratic equatiοns can have οne, twο, οr zerο real sοlutiοns, depending οn the values οf the cοnstants a, b, and c. The sοlutiοns can be fοund using the quadratic fοrmula:

[tex]x = (-b\± \sqrt{(b^2 - 4ac)}) / 2a[/tex] οr by factοring the quadratic expressiοn intο twο linear factοrs.

The quadratic functiοn tο mοdel the vertical mοtiοn is:

[tex]h(t) = -16t^2 + v0t + h0[/tex]

where:

h(t) is the height at time t

t is the time in secοnds

v0 is the initial vertical velοcity in ft/s

h0 is the initial height in ft

Given v0 = 32 ft/s and h0 = 82 ft, the functiοn becοmes:

[tex]h(t) = -16t^2 + 32t + 82[/tex]

Tο find the maximum height, we can use the vertex fοrm οf a quadratic equatiοn:

[tex]h(t) = a(t - t0)^2 + h0[/tex]

where:

a is the cοefficient οf the quadratic term

t0 is the time at which the maximum height is achieved

h0 is the initial height

Cοmparing the twο fοrms, we see that a = -16 and t0 = -b/2a, where b is the cοefficient οf the linear term. In this case, b = 32, sο:

t0 = -32 / (2(-16)) = 1

Therefοre, the maximum height is achieved at t = 1 secοnd. Substituting intο the οriginal equatiοn, we get:

[tex]h(1) = -16(1)^2 + 32(1) + 82 = 98 ft[/tex]

Sο the maximum height is 98 ft.

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A sector subtends an angle of 42° at the centre of a circle of radius 2.8 cm. Calculate the perimeter of the sector.​

Answers

[tex]\textit{arc's length}\\\\ s = \cfrac{\theta \pi r}{180} ~~ \begin{cases} r=radius\\ \theta =\stackrel{degrees}{angle}\\[-0.5em] \hrulefill\\ \theta =42\\ r=2.8 \end{cases}\implies s=\cfrac{(42)\pi (2.8)}{180}\implies s=\cfrac{49\pi }{75}\implies s\approx 2.05 \\\\[-0.35em] ~\dotfill\\\\ \stackrel{ \textit{Perimeter of the sector} }{2.8~~ + ~~2.8~~ + ~~2.05} ~~ \approx ~~ \text{\LARGE 7.65}[/tex]

let's recall that the sector's perimeter includes the arc plust the radii.

Angela compro un terreno rectangular que tiene un perimetro de

10x - 28a

Si el ancho del terreno es 2x - 4a

¿Cual es la expresión que muestra la medida del largo del terreno?

Answers

The expression that shows the measurement of the length of the land is L = 3x - 10a.

Let L be the length of the rectangular plot.

We know that the perimeter of a rectangle is given by the sum of the lengths of all its sides. In this case, the perimeter is 10x - 28a, so we can write:

Perimeter = 2L + 2W

10x - 28a = 2L + 2(2x - 4a)

10x - 28a = 2L + 4x - 8a

2L = 6x - 20a

L = 3x - 10a

In other words, the length of the land is equal to three times the width minus ten times the value of 'a'.

To explain this equation in a little more detail, we can say that the length of the rectangular plot is dependent on both the width of the land and the value of 'a'.

The expression tells us that as the value of 'a' increases, the length of the land decreases, and as the width of the land increases, the length of the land also increases. This equation is useful because it allows us to calculate the length of the land without having to measure it directly, as long as we know the value of 'a' and the width of the land.

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An item is regularly priced at $19. Debra bought it at a discount of 60% off the regular price.

Answers

Answer:

Step-by-step explanation:

Regular price:$19

60 per cent of $19 is 11.4 dollars.

but if ypu are looking for how much did she pay then it is..

19-11.4=$7.6

Pls answer my question it will be amazing if you do just pls.

Answers

The equation to show the relationship between x and y is y = 0.08x, where y is the amount of sales tax in dollars for the item and x is the cost of the item in dollars before tax.

What is tax?

Tax is a compulsory financial charge or some other type of levy imposed upon a taxpayer by a governmental organization in order to fund various public expenditures. A failure to pay, along with evasion of or resistance to taxation, is punishable by law. Taxes consist of direct or indirect taxes and may be paid in money or as its labour equivalent. Most countries have a tax system in place to pay for public, common or agreed national needs and government functions. Some levy a flat percentage rate of taxation on personal annual income, but most scale taxes based on annual income amounts.

This equation reflects the fact that the amount of sales tax for an item is 8% of its cost before tax.

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Sales tax: The equation to show the relationship between x and y is x + y = C,

What is equation?

An equation is a mathematical statement that expresses two mathematical expressions to be equal. It usually consists of two numbers, variables, or a combination of the two. An equation may be used to calculate a desired result, or to determine the relationship between two variables. Equations can also be used to test whether a statement is true or false. Most equations are written in the form of "a = b," where a and b are two numbers or variables.

where C is the cost of the item plus the sales tax. This equation can be explained mathematically as follows: the cost of the item (x) is added to the amount of sales tax (y) to give the total cost of the item with tax (C).

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The numbers of trading cards owned by 7 middle-school students are given below.
(Note that these are already ordered from least to greatest.)
360, 373, 402, 499, 548, 644, 646
Suppose that the number 646 from this list changes to 639. Answer the following.

Answers

a) If the number 646 from the ordered list changes to 639, c) the median stays the same.

b) a) If the number 646 from the ordered list changes to 639, a) the mean decreases by 1.

What are the median and the mean?

The median is the middle value in an ordered list (descending or ascending).

The mean refers to the average value.

The mean or average is computed as the quotient of the division of the total data value by the total number of items in the data set.

The ordered numbers of trading cards owned by 7 middle-school students = 360, 373, 402, 499, 548, 644, 646

The total value (sum) = 3,472

The number of cards = 7

The median = 499

The mean = 496 (3,472/7)

If the number 646 changes too 639:

The total value (sum) = 3,465

The median = 499

The mean = 495 (3,465/7)

Difference in mean = 1 (496 - 495)

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Como le hago ayuda aaaa

Answers

When the area is constant, the proportionality constant, 48, reflects the sum of the base and height.

What does the proportionality constant mean?

When two quantities grow and shrink at the same rate, they are directly proportional. The proportionality constant k is defined as k=y/x when y and x are two numbers that are directly proportional to one another.

Using the formula for the area of a rectangle, we can determine the missing data in the table:

Area = base x height

The missing values can be located as follows using the values listed in the table:

Base (b) Height (h) Area

24 2 48

3 8 24

8 3 24

4 6 24

We can apply the inverse variation formula to find the constant of proportionality:

y = k/x

This equation can be changed in order to account for k:

k = xy

Using any pair of values from the table, we can find k as follows:

k = xy = 24(2) = 48

Hence, 48 is the proportionality constant. It is possible to verify that this value applies to all of the value pairs in the table:

For the first pair (b=24, h=2), we have xy = 24 x 2 = 48, which is the constant of proportionality.

For the second pair (b=3, h=8), we have xy = 3 x 8 = 24, which is the area.

For the third pair (b=8, h=3), we have xy = 8 x 3 = 24, which is the area.

For the fourth pair (b=4, h=6), we have xy = 4 x 6 = 24, which is the area.

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Question:

The following table shows some values ​​for the base and height of a rectangle whose area is constant. Write down the missing data.

Base (b)

Height (h)

24

2

3

8

4

4

What is the area of ​​the rectangle?

What kind of variation do you see in this table?

What is the constant of proportionality?

How did you determine the constant of proportionality?

Solve for x,
using the tangent lines.
X
42°
x = [?]

can someone pls help explain how they got the answer? i’m having a hard time understanding, ty :)

Answers

Answer:

  138°

Step-by-step explanation:

You want the measure of the angle at two tangents when they intercept an arc of 42°.

Supplementary angles

The short answer is that the exterior angle x is the supplement of the measure of the arc:

  x = 180° -42°

  x = 138°

Exterior angle

An exterior angle where secants meet is half the difference of the arcs of the circle they intercept. Here, the secants have been located so the corresponding chord length between the near and far circle intercept points have degenerated to zero. That is, they are tangents.

The angle relation still holds:

  x = (long arc - short arc)/2 = ((360° -42°) -42°)/2 = (360° -2·42°)/2

  x = 180° -42° = 138°

Quadrilateral

The tangents, together with their associated radii form a quadrilateral. The angles at the tangents are 90°, and the total of all angles is 360°. This gives us the relation ...

  x + 90° +42° +90° = 360°

  x +42° = 180° . . . . . . . . . . . . . subtract 180°

  x = 180° -42° = 138°

(We solved this with an extra step, so you could see the same "supplementary angles" relationship between x and 42°.)

The tape diagram represents an equation.
Write an equation to represent the image.

Answers

Answer: y+y=7

Step-by-step explanation:

7 is as big as 2 y's therefore y+y would be equal to 7

how many legs does it take to make 109657 spiders

Answers

Spiders typically have 8 legs. So it would take 109657 spiders x 8 legs/spider = 877256 legs to make 109657 spiders.

Assuming each spider has 8 legs, it would take 877,256 legs to make 109,657 spiders

Dorris deposits $200 into a savings account that has a simple interest rate of 4. 1% Max deposits 300 dollars into a savings account that has a simple interest rate of 1. 9%, who earn more interest in 15 months round to the nearest cent if necessary

Answers

Dorris earns $12.25 in interest over 15 months, while Max earns $2.84 in interest over the same period. So, Dorris earns more interest than Max.

To find out who earns more interest in 15 months, we can calculate the interest earned by each person using the formula:

Interest = Principal x Rate x Time

For Dorris, we have:

Interest = $200 x 0.041 x (15/12)

Interest = $12.25

For Max, we have:

Interest = $300 x 0.019 x (15/12)

Interest = $2.84

Interest refers to the cost of borrowing money, usually expressed as a percentage of the amount borrowed over a specific period of time. When someone borrows money, they are required to pay back not only the amount borrowed but also an additional amount, which is the interest. Interest is how lenders make money and is an important component of the financial system.

There are different types of interest rates, including fixed and variable rates. A fixed interest rate remains the same throughout the loan term, while a variable interest rate may change based on market conditions. Interest rates can also be compounded, which means that interest is added to the principal amount, and future interest payments are calculated based on the new higher amount.

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A student takes a multiple-choice test that has 10 questions. Each question has four choices. The student guesses randomly at each answer. Round the answers to three decimal places Part 1 of2 (a) Find P(5) P(5)- Part 2 of2 (b) Find P(More than 3) P(More than 3)

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(a)  n = 10, p = 1/4, and x = 5. Using the formula of binomial probability function,P(5) = 10C5 * (1/4)^5 * (3/4)^5≈ 0.0267 (rounded to three decimal places)

(b) P(More than 3) = P(4) + P(5) + P(6) + P(7) + P(8) + P(9) + P(10)≈ 0.2784 (rounded to three decimal places)

Here n = 10, p = 1/4, and x = 5.Using the formula of binomial probability function,P(5) = 10C5 * (1/4)^5 * (3/4)^5≈ 0.0267 (rounded to three decimal places)

Find P(More than 3)For this, we need to calculate P(4), P(5), P(6),...,P(10) and add them.Using the formula of binomial probability function,P(4) = 10C4 * (1/4)^4 * (3/4)^6 = 0.2503 (rounded to three decimal places)P(5) = 10C5 * (1/4)^5 * (3/4)^5≈ 0.0267 (rounded to three decimal places)P(6) = 10C6 * (1/4)^6 * (3/4)^4≈ 0.0014 (rounded to three decimal places)P(7) = 10C7 * (1/4)^7 * (3/4)^3≈ 0.0001 (rounded to three decimal places)P(8) = 10C8 * (1/4)^8 * (3/4)^2≈ 0.0000 (rounded to three decimal places)P(9) = 10C9 * (1/4)^9 * (3/4)^1≈ 0.0000 (rounded to three decimal places)P(10) = 10C10 * (1/4)^10 * (3/4)^0≈ 0.0000 (rounded to three decimal places)P(More than 3) = P(4) + P(5) + P(6) + P(7) + P(8) + P(9) + P(10)≈ 0.2784 (rounded to three decimal places)

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For random variable X~N(3,0.75), what is the probability that X takes on a value within two standard deviations on either side of the mean?

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Answer:For random variable X~N(3,0.75), what is the probability that X takes on a value within two standard deviations on either side of the mean?

Step-by-step explanation:

ramona owns a small coffee shop, where she works full-time. her total revenue last year was $200,000, and her rent was $5,000 per month. she pays her one employee $3,000 per month, and the cost of ingredients averages $1,000 per month. ramona could earn $55,000 per year as the manager of a competing coffee shop nearby. her economic profit last year was were....
a. $18,000
b. $37,000
c. $55,000
d. $66,000
e. $92,000

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Ramona's economic profit last year was $92,000 - $55,000 = $37,000. Therefore, the correct option is b. $37,000.

Ramona owns a small coffee shop, where she works full-time. Her total revenue last year was $200,000, and her rent was $5,000 per month. She pays her one employee $3,000 per month, and the cost of ingredients averages $1,000 per month. Ramona could earn $55,000 per year as the manager of a competing coffee shop nearby. Her economic profit last year was $37,000.An economic profit can be calculated by subtracting total costs from total revenue. Given that Ramona's total revenue is $200,000, her total cost is $5,000 + $3,000 + $1,000 = $9,000 per month. Multiplying this by 12 gives us her total cost for the year: $9,000 x 12 = $108,000. Ramona's economic profit last year was therefore $200,000 - $108,000 = $92,000. However, this figure doesn't take into account the opportunity cost of Ramona earning $55,000 as the manager of a competing coffee shop nearby. This needs to be subtracted from Ramona's economic profit.

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The organizer of a late night street fair in a popular tourist city wants to analyze the relationship between daily revenue and the following variables: the number of male visitors, the number of female visitors, the number of retail stands, the number of food (and beverage) stands, and the number of performances that take place on a given night. The regression output table is provided below. Based on these results and using a 10% significance level, the organizer thinks he can improve the model. He wants to try removing at least one variable from the analysis to create and compare new models. Which variable or variables would you recommend that he consider removing from the regression model? SELECT ALL THAT APPLY.

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The variables that the organizer can consider removing from the regression model are the Number of male visitors and Number of performance.

Based on the regression table provided, we can answer this question. The following is the regression table:Regression output table for night street fair variableNameCoefficientStandard Errort-StatP-ValueConstantb0.340.1402.430.023Number of male visitorsb10.6130.51320.750.462Number of female visitorsb10.9070.57918.830.000Number of retail standsb0.1160.0452.570.016Number of food (and beverage) standsb0.3160.0575.500.000Number of performanceb0.1460.1071.360.184The null hypothesis is rejected if p-value < 0.1; that is, there is a significant difference between the independent and dependent variables. The p-value of the Number of male visitors, the Number of female visitors, the Number of retail stands, the Number of food (and beverage) stands, and the Number of performances variables are 0.462, 0.000, 0.016, 0.000, and 0.184, respectively. As a result, the variables that are significant at the 10% level are the Number of female visitors, the Number of retail stands, and the Number of food (and beverage) stands. Therefore, the organizer should consider removing the Number of male visitors and Number of performance variables from the regression model. The variables that the organizer can consider removing from the regression model are the Number of male visitors and Number of performance.

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Function P represents the perimeter, in inches, of a square with the side length x inches.P = x + x + x + x ... but it would be more efficient to write it this way: P =4xComplete the table.x 0 1 2 3 4 5 6P(x) 0

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Function P represents the perimeter, in inches, of a square with the side length x inches. So, the perimeter of a square can be represented as P = x + x + x + x, which simplifies to P = 4x. This way is more efficient to write than the former.

Complete the table provided: x 0 1 2 3 4 5 6 P(x) 0 4 8 12 16 20 24. When x = 0, the perimeter of the square is 0.When x = 1, the perimeter of the square is P = 4(1) = 4. When x = 2, the perimeter of the square is P = 4(2) = 8. When x = 3, the perimeter of the square is P = 4(3) = 12. When x = 4, the perimeter of the square is P = 4(4) = 16. When x = 5, the perimeter of the square is P = 4(5) = 20. When x = 6, the perimeter of the square is P = 4(6) = 24.

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the ratio of students who ade the honor roll to the total number of stoudents is 1:50. if there are 500 students in total how many made the honor roll?

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If there are 500 students in total, the number of students who made the honor roll is 10 students, given that the ratio of students who made the honor roll to the total number of students is 1:50.

The number of students who made the honor roll can be found using proportions. Here's how to do it:

Let X be the number of students who made the honor roll.

The proportion can be set up using the given ratio as follows:

1:50 = X:500

Cross-multiplying this equation and solving for X gives:

50X = 500

X = 10

Therefore, 10 students made the honor roll.

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[Scaling PDFs] Suppose that X and Y are the sampled values of two different audio signals. The mean and variance of an audio signal are uninteresting: the mean tells you the bias voltage of the microphone, and the variance tells you the signal loudness. For this reason, the audio signals X and Y are pre-normalized so that E[X] = E[Y] = 0 and Var(X) = Var(Y) = 1. An audio signal Z is said to be "spiky" if P{|Z| > 302} > 0.01, i.e., one-in-hundred samples has a large amplitude. (a) Suppose that X is a uniformly distributed random variable, scaled so that it has zero mean and unit variance. (1) What is P{|X|> ox}? (2) What is P{[X] > 30x}? (3) Is X spiky? Be sure to consider both positive and negative values of X. (b) Suppose that Y is a Laplacian random variable with a pdf given by: fy(u) 2 e 2 -Au-hel, - Oy}? (2) What is P{İY| > 30y}? (3) Is Y spiky? Be sure to consider both positive and negative values of Y.

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0, which is less than 0.01.

Suppose that X is a uniformly distributed random variable, scaled so that it has zero mean and unit variance. (1) What is P{|X|> ox}? (2) What is P{[X] > 30x}? (3) Is X spiky? Be sure to consider both positive and negative values of X.

For a uniformly distributed random variable with mean 0 and variance 1, P{|X|> ox} is equal to 0.5. (2) For a uniformly distributed random variable with mean 0 and variance 1, P{[X] > 30x} is equal to 0. (3) X is not spiky since P{|X| > 30x}

0.000045, which is greater than 0.01.
Suppose that Y is a Laplacian random variable with a pdf given by: fy(u) 2 e 2 -Au-hel, -  Oy}? (2) What is P{İY| > 30y}? (3) Is Y spiky? Be sure to consider both positive and negative values of Y.
Answer: (1) For a Laplacian random variable with mean 0 and variance 1, P{|Y|> oy} is equal to 0.5. (2) For a Laplacian random variable with mean 0 and variance 1, P{[Y] > 30y} is equal to 0.000045. (3) Y is spiky since P{|Y| > 30y}

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